Why China Stocks Are Falling Faster Than the Yuan

China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets · Jun 5, 2026 · 5m · transcript

On June 5, 2026, China ETFs like FXI and KWEB are down sharply even as the yuan stabilizes near 6.77 per dollar. Lucas and Luna dissect the divergence: U.S. chip tariffs, a hot jobs report pushing Fed cuts further out, and why Chinese tech—especially Baidu and NIO—is getting hit harder than the currency. They also look at the trade data: exports of goods and services hit $3.5 trillion this year, but the trade balance is shrinking because imports are growing faster. The hosts argue that the yuan's resilience masks a real economy slowdown, and that investors are pricing in a prolonged…